Item information

Some of the information pertaining to an item are summarized in the table below.

Name	Description
Description	Specify item description up to 256 characters.
Category	Category lets you group and classify items. For example, you can group and classify all types of watches you sell under category Watch.
Unit of Measure (UOM)	The unit you use to sell or purchase the item such as box, pounds, kilograms, or hour.
UPC	Universal product code, is the manufacturer or the supplier product code if any.
Style	An style of the item, for example the style of a shoe or the style of a shirt.
Brands	A brand specifies a trademark. For example the brand that uniquely identified the item. An item can have many brands, thus one item name can be setup be many brand names.
Manufacturer	A manufacturer can be a company or a person whom you purchase the item from.
Size	Item size, for example 12 inches.
Color	Item color, for example black, white, or green.
Weight	Item weight, for example 10 pounds.
Quantity per UM	Quantity per unit specifies the number of item in each unit of measure. For example, if the Unit of measure is box and it contains 12 item, you enter 12.
Made In	Specify the location or the country where this item was made.
Income Account	This accounts tracks the total sales or the revenue of the item.
Asset Account	This account tracks the value of item you sell or purchase. For example, if the item cost is $40, and you sell 3 of the items, this account is credited for $120.
COGS	Cost of Goods Sold (COGS) account tracks the cost of item you sell or purchase. For example, if the item cost is $40, and you sell 3 of the items, this account is debited for $120.
Cost Price	The price you purchased each unit from the vendor.
Sales Price	The price you have chosen to sell this item for.
Default Location	This is the location the item is initially stored in.
Initial Qty	The available quantity in the default location when you setup the item.
Market Price	The price that is sold in the market. For example your competitor price.
Min. Sales Price	Minimum sales price that you want the salesperson to sell. System may give warning if the item is sold below the minimum sales price or it may not allow it for restricted users.
Note	Up to 32,000 character.